Exchange Rate-Based Stabilization in Western Europe : Greece, Ireland, Italy and Portugal

Greece, Ireland, Italy and Portugal

Exchange Rate-Based Stabilization in Western Europe : Greece, Ireland, Italy and Portugal
This paper compares the experience with exchange-rate-based stabilization (ERBS) of four Western European countries with that of high-inflation developing countries. In general, the behavior of key macroeconomic variables-inflation, output, demand, the real exchange rate and the current account-in the four countries examined did not correspond... READ MORE...

Publication date: June 1997
ISBN 9781451849691
$15.00

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